Former Twitter CEO Jack Dorsey doesn’t need to be the CEO of the social-media firm once more. With this revelation, Dorsey put all rumors to relaxation that steered that he could be re-appointed because the CEO of the corporate. Elon Musk, who took over Twitter in a $44 billion deal, is reportedly miffed with the present Twitter administration. He has brazenly criticized the authorized head of Twitter, Vijaya Gadde, and rumors are rife that he’ll let go of Twitter CEO Parag Agrawal quickly.
Jack Dorsey, on Wednesday tweeted that he won’t ever be the CEO of Twitter once more in response to a Twitter person who predicted that he could be the corporate’s CEO once more. Jack wrote, “nah I’ll by no means be CEO once more”. Dorsey, in a separate tweet, talked about that no person must be the CEO of Twitter.
Dorsey stepped down from his function because the Twitter CEO in November 2021. Though he didn’t reveal the precise cause behind leaving the corporate, it’s believed that the Twitter board try to switch him from 2020, citing his lack of innovation and divided consideration.
“After virtually 16 years of getting a job at our firm, from co-founder to CEO to Chair to Exec Chair to Interim CEO to CEO, I made a decision it’s lastly time for me to go away. I’ve determined to go away Twitter as a result of I consider the corporate is able to transfer on from its founders,” Dorsey had mentioned about his resignation in an e-mail to his staff.
After Dorsey’s exit from the corporate, Twitter CTO Parag Agrawal was elevated because the CEO of the corporate. Agrawal, an IIT Bombay alumni , joined Twitter 11 years in the past after briefly working at AT&T, Yahoo and Microsoft. In 2017, he turned Twitter’s CTO. Dorsey was stuffed with reward for Agarwal in his exit e-mail to staff.
After 5 months into his function because the Twitter CEO, Agrawal could get changed by Musk. Nonetheless, if Musk fires Agrawal inside 12 months of a change in management at Twitter, he should pay him $43 million. Agrawal, in a gathering, mentioned that he was not involved about his personal future however the way forward for the social media firm below Musk’s management. “Thanks, however do not feel for me. What issues most is the service and the individuals enhancing it,” Agrawal mentioned in his response to a tweet.Beforehand, responding to a different person about him being fired, Agrawal highlighted, “Nope! we’re nonetheless right here.”